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And does it create economic value?
Do they really create economic value for anyone but the people who run them?
The defence company must create "economic value" worth $8.7 billion, in various projects, by 2011.
"But if you can divert money away from that and give it to companies that can create economic value, it would solve a lot of problems".
The lesson of Japan is that a country's stock market is not going to rise over time if, over time, its companies fail to create economic value for their shareholders.
Therefore, it's essential that business schools build an educational experience that incorporates positive business, focusing on developing leaders who can create economic value, build great places to work, and contribute to their local and global communities.
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If Apple creates economic value in the United States, you might expect that value to be taxed here.
Another model is "shared value" capitalism which – as described in Michael Porter and Mark Kramer's recent article for the Harvard Business Review – creates "economic value in a way that also creates value for society by addressing its needs and challenges".
For our most recent publication on creating shared value in India, FSG researched shared value efforts in India – and to our surprise found many innovative efforts that are creating economic value while contributing to meaningful and sustained social impact at scale.
This paper seeks to analyze how design creates economic value.
London works more efficiently because people love the app and CityMapper will do well, creating economic value.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com